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In fact, some states are growing at an even faster rate.
GOBankingRates looked at five states whereExperianreported credit scores have jumped significantly over the last five years.
These increases arent just numbers on a page they reflect real changes infinancial healthfor many Americans.
Here are the five states credit scoresgrew the most in over the past five years.
With a 29-point jump since 2019, thats no small leap.
Augustas growing appeal might be driving the change.
The citys been attracting new residents looking for more affordable housing options.
With this influx of new residents, the score is growing.
Idaho
Idaho is also on the rise.
Both Pocatello and Boise have seen their average FICO scores increase by 20 points or more since 2019.
Again, the secret sauce might be the influx of new residents.
About 50,000 people have been moving in each year fromneighboring Pacific states, according to U.S. Census data.
These newcomers arent just bringing their love for the outdoors theyre also packing their excellent credit scores!
North Carolina
North Carolinas joining thecredit score party, with Wilmington seeing a 20-point climb since 2019.
Wilmingtons got that perfect mix of beach-town appeal and growing job opportunities.
Its pulling in young professionals and retirees alike, all bringing their good credit scores along with them.
New residents moving for jobs or a lower cost of living is likely the reason for the jump.
The Final Word
Whats to be learned about why certain states are seeing credit score jumps?
Of course, these trends are interesting to observe, but what matters is your personal credit score.
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